The mine is located half a mile west of the north end of Lake San Cristobal.
Later, in the mid-1960s, some renewed interest in the property came up, especially in the Hiwassee lode area of the mine, but other than a couple of small test shipments, there is no recorded production until today.
Results from preliminary work in the mine were promising and assay determination indicated the property to be very rich in telluride mineral and high gold ore content at a short distance below the surface.
After lying idle for many months, the mine was sold at sheriff's sale to Chris Johnson, George E. Wilson (born 1839 in Pennsylvania, first mayor in Sterling, Colorado, died December 21, 1886) and Samuel Wendell.
In September 1892 he sold out for $50,000 to George W. Peirce of the Golden Fleece Mining and Milling Company (New York).
[11] Near the north end of Lake San Cristobal, ruins of buildings at the Golden Fleece mine are still visible today.